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Category: News

Apple Paid Angela Ahrendts $73 Millions To Land Her


Angela-ahrendts_416x416Former Burberry boss Angela Ahrendts collected some lovely welcoming gifts in her new role overseeing Apple’s retail operations — a compensation package valued at $73.4 million, according to regulatory filings.


Since joining the company in May, Ahrendts collected some $70 million in stock grants from Apple — $37 million to compensate her for her for the value of the Burberry stock that she walked away from in accepting the Apple job, plus a new hire stock allocation valued at $33 million — 40 percent of which is performance based, and the rest vests over three years.

She also pocketed a $500,000 cash bonus and relocation expenses totaling $457,615.

Apple said it departed from its usual practice and extended Ahrendts a severance agreement that, upon termination, would pay a lump sum equivalent to the base salary she would have collected for the remainder of the three-year period.

The retail chief receives an annual salary of $1 million, plus bonuses, similar to that of other senior executives.

Woody Allen

Woody Allen

Gotta love him;

“I don’t know how I got into this. I have no ideas and I’m not sure where to begin. My guess is that Roy Price will regret this.”

Woody Allen, in the press release announcing the Untitled Woody Allen Project for Amazon  Prime Instant Video. (Roy Price is the Vice President of Amazon Studios.)

2015 Oscars Nominees Are

Oscar 2015

Full list of nominese at

Best Picture
American Sniper
Birdman or (The Unexpected Virtue of Ignorance)
The Grand Budapest Hotel
The Imitation Game
The Theory of Everything

Alejandro G. Iñárritu - Birdman or (The Unexpected Virtue of Ignorance)
Richard Linklater - Boyhood
Bennett Miller - Foxcatcher
Wes Anderson - The Grand Budapest Hotel
Morten Tyldum - The Imitation Game

Actor in a Leading Role
Steve Carell - Foxcatcher
Bradley Cooper - American Sniper
Benedict Cumberbatch - The Imitation Game
Michael Keaton - Birdman or (The Unexpected Virtue of Ignorance)
Eddie Redmayne - The Theory of Everything

Actress in a Leading Role
Marion Cotillard - Two Days, One Night
Felicity Jones - The Theory of Everything
Julianne Moore - Still Alice
Rosamund Pike - Gone Girl
Reese Witherspoon - Wild

Actor in a Supporting Role
Robert Duvall - The Judge
Ethan Hawke - Boyhood
Edward Norton- Birdman or (The Unexpected Virtue of Ignorance)
Mark Ruffalo - Foxcatcher
J.K. Simmons - Whiplash

Actress in a Supporting Role
Patricia Arquette - Boyhood
Laura Dern - Wild
Keira Knightley - The Imitation Game
Emma Stone - Birdman or (The Unexpected Virtue of Ignorance)
Meryl Streep - Into the Woods

Galliano Against Ménage à Trois

Maison Margiela

Vanessa Friedman: Maison Martin Margiela Changed Its Name, and No One Noticed

A company spokesman said Tuesday the change “reflects the evolution of the house.” My guess is: new leader, new name.

David Gandy Enters Footwear

David Gandy

Financial Times (pay wall): David Gandy: from model to sole man

Consistently at the very top, or thereabouts, of earnings estimates for the world’s most successful male models, Gandy has an annual income that reportedly hovers just above £1m. That’s a fraction of what his female equivalents earn but still useful.

Wise management has helped Gandy broaden his profile: today, he is an ambassador for London Collections: Men (the British menswear fashion week) and a columnist for GQ. He has two apps — one for fitness, one for snappy dressing — and investments in a whey protein ice-cream maker and a sock subscription business. He wore some snowy smalls for Marks and Spencer last year to launch his David Gandy Underwear collection, a strong seller. And Gandy has just formally announced another business venture: his acquisition of the shoe company David Preston, which might explain why his glass-roofed basement extension is piled high with shoe boxes containing prototype designs.

David Gandy Footwear“We met, had lunch, and he was a very interesting guy,” says Gandy. “David is very creative — he’d worked as a nurse for 20 years, then taught himself how to make these boots when he couldn’t find anything like them — and found a cult following.” Wearers of Preston’s rock star-appropriate footwear include members of Blur, Kasabian, Iggy and the Stooges and, since that meeting, Gandy. In October, he bought Preston’s company and has since recruited a PR and commercial team. With Preston in situ as creative director, the first Gandy-owned collection launches this weekend at London Collections: Men, and then at the Tranoï trade show in Paris. Preston plans to catch the eyes of wholesale buyers with a 15-style collection whose retail prices range from £350 to £520.

Joan Didion On The Céline Campaign

Joan Didion on the Céline

NY Times:

Was Ms. Didion aware of the sensation she caused?

“I don’t have any clue,” said the 80-year-old author of well-thumbed classics such as “The White Album,” “Slouching Towards Bethlehem” and “The Year of Magical Thinking,” reached by telephone on Wednesday at her Upper East Side residence (where the photo, by Juergen Teller, was taken). “I have no idea.”

Whose idea was this?

“They got in touch with me,”

ACNE Paper On Hold Until Further Notice


It seems ACNE Studio might be ending production of their beloved magazine, ACNE Paper. The last issue, No.15, came out in October 2013, and per the below note from a user on tFS it seems to be done. They did release underwear though if that's an conciliation.

I have been told by Acne that the magazine is "on hold" until further notice. I'm afraid it's the end of Acne Paper

Wilhelmina Models Acquires London Agency Union Models

Wilhelmina & Union

Last month Elite World Wide acquired Fresh Model Management. Today this. Are boutique agencies the new sought after flavor of bigger agencies?

Press Release:

NEW YORK, Jan. 6, 2015 /PRNewswire/ -- Wilhelmina International, Inc. (Nasdaq: WHLM), one of the world's leading model management companies, is pleased to announce Wilhelmina Models closing its acquisition of Union Models based in London, UK.

Founded in early 2005 by Rachel Du Preez, Union Models is an international model agency known for its selective representation of talent, its development of models and its strong client relationships, making it the ideal fit to become Wilhelmina London. The boutique agency represents talent such as Jessica Gomes and Sora Choi, as well as Elisabeth Erm, Charlotte Carey, and Sung Hee, who are already a part of a notable Wilhelmina Models roster that spans the likes of Coco Rocha, Armando Cabral, Soo Joo, R.J. Mitte, Cindy Bruna, Robyn Lawley, Alexandra Richards, Marlon Teixeira, RJ King, and Clark Bockelman just to name a few. Beginning today, Union Models will officially operate under the name Wilhelmina London.


IMG Takes to Instagram for Model Scouting, With WeLoveYourGenes


IMG's Twitted earlier today:

ASPIRING #IMGirls: Follow @WeLoveYourGenes on Instagram + tag your photos (+ your friends’ photos) w/ #WLYG for a chance to #IMGetScouted!

The Instagram account is WeLoveYourGenes, which started a week ago by IMG's VPs of scouting Jenni Rose & David Cunningham, who've already signed on nearly a dozen girls according to the below msg:

@WeLoveYourGenes (#WLYG) is the new Instagram scouting account from @IMGModels dedicated to finding new models around the world! We’ve already signed nearly a dozen girls and are working to develop their careers. Follow us as we tell their stories and you might get discovered yourself!


Keep tagging your photos with #WLYG for a chance to get scouted! @lunasobrino's advice for getting scouted on Instagram? "

Who caught my personal attention? 14 year old Swede, Linn Odda:

Linn Odda

“I’m proud of what I created at American Apparel..."

NY Times: American Apparel Ends Role of Dov Charney and Hires a New Chief

Apparel2-blog427Six months after abruptly removing its founder, Dov Charney, as chief executive, American Apparel chose the longtime retail executive Paula Schneider as its new leader.


“I’m proud of what I created at American Apparel and am confident that, as its largest shareholder, I will have a strong relationship with the company in the years ahead,” Mr. Charney said in a statement sent through a representative.

“Naturally, I am disappointed with the circumstances and my over 25 years of deep passion and commitment for American Apparel will always be the core DNA of the company,” he said. “I wish the company continued success.”

A spokesman for the company declined to comment. Mr. Charney has been a consultant to the company during his suspension, a relationship that will end with the appointment of Ms. Schneider.